What Is Portfolio Management? Definition And Key Concepts
A recent study conducted in 2019 stated that the global portfolio management market was valued at $4.2 billion, which will further increase by 13.4% in the next seven years. This aspect of project management...
What is Expected Monetary Value (EMV)?
Do you ever feel unsure about a decision's financial impact, especially in project management? Uncertainty can cloud judgment, whether it's a business venture or an everyday choice. But what if there was a tool...
8 Best Project Selection Methods for Project Managers in 2024
Do you ever feel overwhelmed by the number of potential projects competing for your attention? As a project manager, you're constantly bombarded with ideas, requests, and proposals. However, selecting the right projects is key...
What is Engineering Project Management? Overview, Methodology & Tools
Engineering isn't just about understanding principles for designing solutions; it's also about effectively bringing those solutions to life in the real world. That's where Engineering Project Management shines, bridging the gap between theoretical designs...
7 Factors Affecting Project Management in your Organization
The methods and tactics applied for managing projects depend on the kind of project you deal with. The project structure, processes involved varies based on the kind of products or services you offer, and...
What is Project Resource Management and Why it is Important?
Managing resources effectively within a project is a challenge for many project managers. This is where project resource management comes into play. Project resource management is a crucial discipline within the project management realm;...
Recovering Troubled Projects (Part 4) – Digging Deeper into Life cycle
Project recovery or putting projects back on track is a multi-faceted, multi-phased effort. It involves taking a macro view of the project and examining specific problem areas to carry out root cause analysis and...
How to Choose a PRINCE2 Certification Online?
If you are looking for coveted project management training leading to certification, the PRINCE2 course online is the one for you. Online training is excellent for busy project managers willing to get PRINCE2 certification....
Roles and Responsibilities of a Project Manager [7 Key Roles]
We hear about new products and services all the time. Have you ever wondered what goes into the creation of these? Of course, a lot of hard work is done and sweat is shed...
Top 15 Project Management Terminologies You Should Know
The project management profession which is the most sought-after profession in the whole world has a huge knowledge base. In fact, there are multiple project management methodologies that enterprises rely on to complete projects...